I agree with you guys this is one seriously overblown pump.
There are only a few coins so far in crypto history that have not overblown their wad on there pumps to come back stronger after the initial excitement is over. I don't think eth is going to join that group.... eth is going to go the way of Blackcoin mark my words.
Topic: Calling ETH TOP - page 4. (Read 6096 times)
1 Week RSI: Stopped registering (So far past the overbought range)
1-Day MACD histogram: Had been decaying for a week. Rescued by Bitfinex
12-Hour MACD histogram: Been politely waiting 3 days for the FOMO crowd to get out of the way so it can cross to the downside
6-Hour On Balance Volume: Been flat for a week, despite raging FOMO buys. Was about to plunge through its moving average. Rescued by Bitfinex.
(b.t.w. 20 million coins on the way to market from miners alone over the next 12 months. Enjoy your ATH purchase
)
But this time it's different, um, new paradigm. Er, buybuyBUY.
Show me a coin with a pump 10x plus over a few days that wasn't followed a monstrous dump. Just one.
Hey, chill out man, everything is going to be just fine with ETH. Nothing to worry about there at all:
LOL!
Show me a coin with a pump 10x plus over a few days that wasn't followed a monstrous dump. Just one.
This depends on the kind of bagholders there is. The Ethereum media campagin looks really trustworthy, we're likely to see a long term investors.
ethereum is facing a double top with correction in between, i presume that it was for establishing a new bottom, that now is between 0.02 and 0.03
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
C'mon Amph, that ain't how shit works around here.
"But this time it's different!" Yeah, sure it is.
it's actually work all the time in this way here, and it's not different at all, it's how it work for bitcoin too, each pump bring a new bottom that need a certain time frame for consolidation
not different with ethereum, the same thing is happening, a parallel pump it's possible on both etheruem and bitcoin on the future, no one said that only one coin can get a monstrous pump at any given time
Show me a coin with a pump 10x plus over a few days that wasn't followed a monstrous dump. Just one.
The way its going it can touch 0.1BTC
it's actually work all the time in this way here, and it's not different at all, it's how it work for bitcoin too, each pump bring a new bottom that need a certain time frame for consolidation
not different with ethereum, the same thing is happening, a parallel pump it's possible on both etheruem and bitcoin on the future, no one said that only one coin can get a monstrous pump at any given time
not different with ethereum, the same thing is happening, a parallel pump it's possible on both etheruem and bitcoin on the future, no one said that only one coin can get a monstrous pump at any given time
You may have a point.........except from back in Feb 2014, I remember the 'consolidation floor' in Bitcoin in the low $800s, bout a third from the ATH
ethereum is facing a double top with correction in between, i presume that it was for establishing a new bottom, that now is between 0.02 and 0.03
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
C'mon Amph, that ain't how shit works around here.
"But this time it's different!" Yeah, sure it is.
it's actually work all the time in this way here, and it's not different at all, it's how it work for bitcoin too, each pump bring a new bottom that need a certain time frame for consolidation
not different with ethereum, the same thing is happening, a parallel pump it's possible on both etheruem and bitcoin on the future, no one said that only one coin can get a monstrous pump at any given time
0.0035 I do not think much more money is going to be put on eth without no real reason (i.e: software really using eth blockchain and all)
Whaaaaa!!
You say that ETH isnt'going to $100. You n00b! You will be crying when you miss out!
I hate you!
I hope you die of cancer!
etc
etc
ethereum is facing a double top with correction in between, i presume that it was for establishing a new bottom, that now is between 0.02 and 0.03
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
C'mon Amph, that ain't how shit works around here.
"But this time it's different!" Yeah, sure it is.
Found this interesting:
https://www.tradingview.com/chart/ETHXBT/5f5j6EVN-The-altcoin-bubble-cycle/
https://www.tradingview.com/chart/ETHXBT/5f5j6EVN-The-altcoin-bubble-cycle/
ethereum is facing a double top with correction in between, i presume that it was for establishing a new bottom, that now is between 0.02 and 0.03
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
Hmm...
"an exponential rise, followed by a consolidation along a high plateau"
Heard that one somewhere before......Not like there are whales swimming about holding a shit of ETH and totally chomping at the bit to finally realise their 1000% profits or anything.
I really hope Bitcoin don't end up in the WEI graveyard 
ethereum is facing a double top with correction in between, i presume that it was for establishing a new bottom, that now is between 0.02 and 0.03
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
so the other top could be 0.04 or higher, guys this is not a simple p&d, it will probably stay at this level, there is no going back to 0.01 or whatever
But with that said, here are two very good reasons to be looking for a trend reversal to compliment the slowing Mom and Vol indicators:
The top could be imminent.
The top could be imminent.
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